Associate Director Power and Utilities Transactions

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Job description

The Team

Infrastructure Advisory Group (IAG), a part of KPMG Deal Advisory in the UK, consists of c240 professionals and is widely recognised as a leading independent business, financial and regulatory advisory in the infrastructure space. The group has won many awards, including Financial Advisor of the Year (Infrastructure Journal) for several years. The group has presence across the UK and is organised on a national basis, operating under a single national cost centre.

We provide in-depth advice on strategic, financial, regulatory and commercial issues driving investments in infrastructure across Transport, Power & Utilities, and Social Infrastructure in the UK and globally. Our work includes market and policy design, economic and regulatory analysis, deal structuring and execution, as well as strategic and transaction advice to enable private and public capital to fund infrastructure. We work closely with other functions within KPMG to advise clients on mergers and acquisitions, valuations, tax, accounting, and due diligence.

Power & Utilities (P&U) is one of the largest business areas of the IAG and encompasses work for major clients in the sector, including all energy and water utilities as well as some of the largest companies in Europe and beyond. We provide in-depth strategic and technical advice on corporate finance and corporate financial management, regulatory finance, regulatory policy, business and financial planning, cost assessment and benchmarking as well as in other areas directly affecting value. Our work combines elements of policy, finance, strategy and economics to assist our clients in structuring investments, securing financing, supporting regulatory regimes and maximising shareholder value. We are widely recognised by many industry stakeholders as market leaders influencing the future of the utilities sector.

Our P&U business is currently divided into seven practices: Strategy, Regulation, Finance, Projects, Low Carbon, Benchmarking, and Transactions and is continuously expanding with double digit growth over the last 10 years. As such we are looking for high quality candidates to support our growth and development of existing and new service lines, while building on the work already undertaken in the group.

Services provided by the Transactions team in IAG P&U include:

• Strategic and market analysis for potential acquisitions and corporate actions
• Regulatory due diligence on transactions involving regulated utilities
• Commercial due diligence across Power & Utilities infrastructure assets
• Other advisory services on transactions including e.g., sector analysis, cost and performance benchmarking, etc.
• Financial modelling and scenarios analysis, advice on regulatory finance aspects of a transaction
• Financial advice working in conjunction with our M&A practice

The Role

The candidate should have a good understanding of utilities and energy sectors in the UK, and experience of working on transactions in utilities and infrastructure. The role involves bringing together different advisory services on transaction opportunities, developing and maintaining strong relationships with other teams in P&U and across KPMG. They should also have experience of managing teams in delivering assignments, managing and developing client relationships, and securing further work.

Roles & Responsibilities

• Working closely with our colleagues in other parts of KPMG Deal Advisory to develop and maintain business relationships with clients, in particular infrastructure investors
• Targeting key investors in-line with our strategy and developing a pipeline of opportunities to support the growth of the Transactions business as well as wider P&U team
• Building and managing sustainable business relationships with investors and corporates
• Growing Transactions business in collaboration with other senior staff in the team
• Identifying and recruiting talent
• Proactive business development to identify new business opportunities
• Leading the development of proposals and supporting pitching for new business with ideas
• Managing delivery of several engagements of different size on a day-to-day basis
• Being responsible for the quality of deliverables produced for clients
• Ensuring KPMG's quality and risk management procedures are adhered to
• Providing effective management, coaching and mentoring of junior staff on specific engagements
• Developing, inspiring and empowering team members in line with the firm's values

• Pro-actively promoting our services both externally and internally
• Supporting the work of other parts of P&U and contributing as part of the broader management team

The Person

Skills, Qualifications & Experience

• In depth knowledge of utilities and energy sectors in the UK (key market segments)
• Understanding of key value drivers in utilities including policy, regulation, financing, investments, markets, etc.
• Ability to carry out / supervise financial analysis on transactions including different valuation methods
• Experience of working on and managing transactions in utilities and infrastructure
• Good understanding of transaction process and execution
• Be comfortable and experienced in an external facing role and in presenting to clients
• Relish the opportunity for interaction and dialogue with companies, investors, regulators and other stakeholders, as well as with different capability groups across KPMG
• Have experience of managing small project teams, with a focus on mentoring and coaching junior staff
• Be a proven team player with a drive to manage people and teams, and gain the trust and support of colleagues
• Demonstrable credentials of leading the delivery activities on major consulting projects
• Excellent presentation and communications skills
• Skills to successfully develop and manage client relationships
• Strong commercial awareness
• Degree in Finance, Economics, Business, Engineering, Mathematics or similar (candidates with other degrees will be considered depending on their experience)

A final word from us...

Everybody likes to say they're different... but we really think we are.

We're hugely proud of what we've managed to achieve so far, but we're only just getting started. We're looking for people to grow with us and are committed to helping everybody reach their destination, regardless of what that is.

Should you choose to join us, you can expect an attractive benefits package, which typically includes:

Financial

• A competitive salary
• Pension options
• Bonus scheme that reflects firm and individual performance
• Rail and Oyster Card reimbursement
• Staff discounts
• Access to preferential banking

Lifestyle

• 25 days holiday, with the option to buy up to an extra 10 days, plus an additional day of leave for your birthday
• Competitive maternity and paternity leave
• 6 days of work time each year for volunteering
• Daily lunch allowance
• Flextra - a flexible benefits scheme that allows you to choose benefits for you and your family, such as, travel insurance, critical illness insurance, dental insurance and discounted gym memberships

Health and Wellbeing

• Private medical insurance
• Personal accident insurance
• Life assurance of 4 x salary with the option to increase this via flexible benefits scheme
• Access to private, remote GP appointments anytime and anywhere via a smartphone
• Online health risk questionnaire
• BeWell employee assistance programme for confidential information, advice, or counselling for life's daily challenges
• Group Income Protection

No matter what skills you bring to our team, you'll be surrounded by spirited, naturally curious people. People who want to learn from you, and who'll also teach you a thing or two along the way. It's how we make a collective impact, greater than the sum of its parts.

And if this isn't the role for you but you like what you see, keep in touch. There will be other opportunities to join us.

For more details about a career at KPMG, visit: www.kpmgcareers.co.uk